Staff at the social news aggregation site Reddit have been told that their pay won’t be adjusted if they do choose to relocate out of high-cost cities following the coronavirus crisis.
This, according to CNBC, means that US employees working for the San Francisco-headquartered firm, will be remunerated the same as if they were living in these high-cost cities, even if they do decide to move somewhere cheaper.
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Writing in a blog post published to the firm’s corporate website, Reddit said that they had “reimagined” their approach to compensation in the US.
“To support employees to live where they want to and do their best work, we are eliminating geographic compensation zones in the US.
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